Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY – Get Free Report) hit a new 52-week low on Tuesday after HSBC downgraded the stock from a buy rating to a hold rating. The company traded as low as $180.61 and last traded at $181.40, with a volume of 4601 shares changing hands. The stock had previously closed at $185.20.
Several other equities analysts have also commented on HESAY. Kepler Capital Markets upgraded Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
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Hermes International Stock Performance
Hermes International Company Profile
Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.
Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.
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